DO IT! 13.2a (LO 2), AP PK Photography reported net income of $100,000 for 2022....
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DO IT! 13.2a (LO 2), AP PK Photography reported net income of $100,000 for 2022. Included in the income statement were depreciation expense of $6,300, patent amortization expense of $4,000, and a gain on disposal of plant assets of $3,600. PKs comparative balance sheets show the following balances. 12/31/22 12/31/21 Accounts receivable $21,000 $27,000 Accounts payable 9,200 6,000 Calculate net cash provided by operating activities for PK photography. prepare statement of cash flows -indirect method
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